Faculty News | Bloomberg | 08
Richest Universities Are Too Quiet on Sustainable Investing
by Robert Eccles & Georgios Serafeim
In its mission statement, Harvard University says it "expects that the scholarship and collegiality it fosters in its students will lead them in their later lives to advance knowledge, to promote understanding, and to serve society." Similar aspirations can be found at Yale, Stanford, the University of Chicago, Emory University, and probably all of their peers. These missions are similar and laudable — for their graduates to contribute to society as a whole.